Namo eWaste Management Limited IPO
Namo eWaste Management Limited is a specialized e-waste collection, disposal, and recycling company that provides comprehensive services for managing electrical and electronic equipment (EEE) waste. Their operations focus on recycling a broad range of electronic items, including air conditioners, refrigerators, laptops, phones, washing machines, fans, and more.
Core Services
Their service portfolio is designed to address the entire lifecycle of electronic products, from collection and recycling to data destruction and refurbishment. Key services include:
i. Electronic Recycling: They process end-of-life electronic products that cannot be refurbished. This involves collecting, sorting, dismantling, and recycling to recover valuable materials such as copper, aluminum, iron, plastic, zinc, and brass scrap. Hazardous elements are disposed of safely to prevent environmental contamination.
ii. Data Destruction and IT Asset Disposition: They ensure the secure destruction of data stored on IT assets through methods like data degaussing, hard disk shredding, and software data destruction. This service is crucial for preventing unauthorized access and data breaches.
iii. Refurbishment: Functional but outdated electronic products are tested, repaired, and cleaned to restore them to a usable condition. They have experience refurbishing IT products from brands like Apple, HP, Lenovo, and Dell. Refurbished items are then repackaged and sold through various channels.
iv. Extended Producer Responsibility (EPR) Services: They assist producers in meeting their EPR obligations under the E-Waste Management Rules 2022. This includes compliance auditing, reporting, return filing, and raising awareness about safe e-waste disposal. EPR is a policy approach where producers are responsible for the entire lifecycle of their products, including end-of-life disposal.
Sustainability and Environmental Commitment
They are deeply committed to sustainability and environmental stewardship. Their recycling processes are designed to recover valuable materials from e-waste while minimizing the release of harmful chemicals into the environment. They also actively promote public awareness through campaigns, collection drives, and educational events to encourage the safe disposal of e-waste.
Conclusion
Namo eWaste Management Limited stands as a leader in the e-waste management sector, offering a comprehensive range of services that ensure the safe, efficient, and environmentally responsible handling of electronic waste. With a strong focus on innovation, customer satisfaction, and sustainability, they continue to expand their operations and enhance their service offerings. Their commitment to the environment, combined with their strategic growth initiatives, positions them as a key player in the rapidly evolving e-waste management industry.
Objects of the Namo eWaste Management Limited IPO:
Namo eWaste Management Limited IPO Details:
Open Date: | Sep 04 2024 |
Close Date: | Sep 06 2024 |
Total Shares: | 6,024,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 51.20 Cr. |
Lot Size: | 1600 Shares |
Issue Price: | ₹ 80 - 85 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Sep 11 2024 |
Promoters And Management:
Financials of Namo eWaste Management Limited IPO:
Particulars ( In Lakhs ) |
2022 |
2023 |
2024 |
Revenue from Operations | 4,478 | 5,845 | 10,093 |
Other Income | 31 | 11 | 14 |
Total Revenue | 4,509 | 5,856 | 10,108 |
Cost of Material Consumed | 4,480 | 4,224 | 7,671 |
Changes in inventories | -743 | 656 | 46 |
Employees Benefit Expenses | 147 | 194 | 320 |
Other Expenses | 332 | 379 | 923 |
EBITDA | 294 | 402 | 1,148 |
OPM (%) | 6.51% | 6.87% | 11.36% |
Depreciation & Amortisation | 34 | 45 | 117 |
EBIT | 259 | 357 | 1,031 |
Finance Cost | 18 | 34 | 117 |
PBT | 242 | 323 | 914 |
Tax | 61 | 81 | 231 |
PAT | 181 | 242 | 683 |
NPM (%) | 4.01% | 4.12% | 6.76% |
No.of Shares | 228.67 | 228.67 | 228.67 |
EPS | 0.79 | 1.05 | 2.98 |
Comparison With Peers:
Name of the Company | Revenue (In Crore) | PAT (In Crore) | EPS ( in Rs) | P/E | CMP | Mcap (In Crore) |
Namo E-Waste Management Limited | 101 | 7 | 2.98 | 28.5 | 85 | 194 |
Eco recycling Limited | 28 | 16 | 8.39 | 91.8 | 946 | 1,826 |
Cerebra Integrated Technologies Ltd | 52 | -48 | -3.99 | N/A | 14.7 | 178 |
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